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3670 MAGUIRE BOULEVARD Tax Collector Proposal. Tax Collector Goals Find the best use of Taxpayer Dollars Consolidate the following Separate Operations.

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Presentation on theme: "3670 MAGUIRE BOULEVARD Tax Collector Proposal. Tax Collector Goals Find the best use of Taxpayer Dollars Consolidate the following Separate Operations."— Presentation transcript:

1 3670 MAGUIRE BOULEVARD Tax Collector Proposal

2 Tax Collector Goals Find the best use of Taxpayer Dollars Consolidate the following Separate Operations Administration Field Services Operations Center (Lockbox Function) Tax Collector Public Offices (Combine Downtown and Winter Park Public Offices) Have a central and easily accessible location Take advantage of efficiencies and synergies from having a centralized location

3 Tax Collectors Current Space (Cost per Year) Current SpaceSqr. FtCost/footCost/year Admin 1 18,243 $ 32 $ 584,871 Operations5,657 $ 8 $ 44,011 Support Services9,000 $ 12 $ 110,160 Downtown Office6,511 $ - Winter Park Office 2 4,700 $ 27 $ 125,678 Total44,111 $ 864,720 1.The County pays this lease cost as per Florida Statute. 2.This office is temporarily closed, until a new location can be found.

4 Countys Savings Based on County purchasing 20,000 Sqr. Ft. Cost of $120/ft $85/sqr. Ft. Purchase Price $35/sqr. Ft. Build Out and Move Already negotiated rate Allows flexibility in selecting space for Property Appraiser

5 Countys Savings

6 Cost per yearCurrentTC OptionCounty 1County 2County 3County 4County 5 Year 1 $ 864,720 $ 2,400,000 $ 3,247,400 $ 5,714,200 $ 5,155,600 $ 4,774,200 $ 3,833,400 Year 2 $ 1,729,440 $ 1,815,129 $ 2,662,529 $ 5,129,329 $ 4,570,729 $ 4,189,329 $ 3,248,529 Year 3 $ 2,594,160 $ 1,230,258 $ 2,077,658 $ 4,544,458 $ 3,985,858 $ 3,604,458 $ 2,663,658 Year 4 $ 3,458,880 $ 645,387 $ 1,492,787 $ 3,959,587 $ 3,400,987 $ 3,019,587 $ 2,078,787 Year 5 $ 4,323,600 $ 60,516 $ 907,916 $ 3,374,716 $ 2,816,116 $ 2,434,716 $ 1,493,916 Year 6 $ 5,188,320 $ (524,355) $ 323,045 $ 2,789,845 $ 2,231,245 $ 1,849,845 $ 909,045 Year 7 $ 6,053,040 $ (1,109,226) $ (261,826) $ 2,204,974 $ 1,646,374 $ 1,264,974 $ 324,174 Year 8 $ 6,917,760 $ (1,694,097) $ (846,697) $ 1,620,103 $ 1,061,503 $ 680,103 $ (260,697) Year 9 $ 7,782,480 $ (2,278,968) $ (1,431,568) $ 1,035,232 $ 476,632 $ 95,232 $ (845,568) Year 10 $ 8,647,200 $ (2,863,839) $ (2,016,439) $ 450,361 $ (108,239) $ (489,639) $ (1,430,439)

7 Taxpayers Savings Consolidating Operations leads to Efficiencies 7 Year payback for purchase and build-out Savings of over $3.5 million over the next 10 years. Allows for Management/Operations/Support/Tag Office in one location Replaces Winter Park Office and Downtown Office

8 Taxpayers Savings

9 Cost per yearCurrentTC OptionCounty 1County 2County 3County 4County 5 Year 1 $ 864,720 $ 5,115,600 $ 3,247,400 $ 5,714,200 $ 5,155,600 $ 4,774,200 $ 3,833,400 Year 2 $ 1,729,440 $ 4,250,880 $ 2,662,529 $ 5,129,329 $ 4,570,729 $ 4,189,329 $ 3,248,529 Year 3 $ 2,594,160 $ 3,386,160 $ 2,077,658 $ 4,544,458 $ 3,985,858 $ 3,604,458 $ 2,663,658 Year 4 $ 3,458,880 $ 2,521,440 $ 1,492,787 $ 3,959,587 $ 3,400,987 $ 3,019,587 $ 2,078,787 Year 5 $ 4,323,600 $ 1,656,720 $ 907,916 $ 3,374,716 $ 2,816,116 $ 2,434,716 $ 1,493,916 Year 6 $ 5,188,320 $ 792,000 $ 323,045 $ 2,789,845 $ 2,231,245 $ 1,849,845 $ 909,045 Year 7 $ 6,053,040 $ (72,720) $ (261,826) $ 2,204,974 $ 1,646,374 $ 1,264,974 $ 324,174 Year 8 $ 6,917,760 $ (937,440) $ (846,697) $ 1,620,103 $ 1,061,503 $ 680,103 $ (260,697) Year 9 $ 7,782,480 $ (1,802,160) $ (1,431,568) $ 1,035,232 $ 476,632 $ 95,232 $ (845,568) Year 10 $ 8,647,200 $ (2,666,880) $ (2,016,439) $ 450,361 $ (108,239) $ (489,639) $ (1,430,439) Year 11 $ 8,647,200 $ (3,531,600) $ (2,601,310) $ (134,510) $ (693,110) $ (1,074,510) $ (2,015,310)

10 Benefits Removes $584,000 per year of Lease Cost from County Budget Removes $279,000 per year of Lease Cost from TCO Budget Opens 6,511 Square Feet of Office Space for repurposing of County Significantly reduces parking and traffic issues at OCAB (5000 Transactions per Week) Provides accessibility and convenience for Taxpayers Central location with great access for entire county


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